Tag Archives: SEC

To facilitate a more robust and deeper financial market, operators in the Nigerian capital market have urged the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC) to grant them single dealing license to access Discount Window. The operators are currently being regulated by the Securities and Exchange Commission and they are cut out of the Primary …

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Financial experts and other stakeholders in the nation’s capital market will gather on Saturday, December 9, at Orchid Hotels, Ajah, Lagos to discuss how to make the market contribute more to the growth of the economy. The forum is the annual workshop of   Capital Market Correspondents Association of Nigeria (CAMCAN) that is organised every year as part of the association’s efforts to contribute to the development of …

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The Federal Government of Nigeria has appointed Dr. Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, the Director in charge of External Relations in the Commission. In view of the foregoing, the SEC Nigeria, wishes to assure the investing public and all stakeholders, local and international, of …

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The Director General of the Securities and Exchange Commission (SEC), Mr. Mounir Gwarzo and Chief Executive Officer (CEO) of the Nigerian Stock Exchange (NSE), Mr. Oscar Onyema has reiterated the need for operators on the floor of the equities market to be above board in their dealings in the local bourse. The duo said the position of the Commission and …

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Sterling Bank Plc, Your one-customer bank, has won the best company in financial inclusion award at the SERAs CSR Africa 2017 awards held in Lagos weekend. The theme of this year’s edition of the awards is transformational sustainability: From Social Responsibility to Social Impact. The award was received on behalf of the bank by Mr. Olufemi Ojo-Omoniyi, Head, Markets, Liquidity …

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Fidelity Bank Plc has reported an impressive third quarter earnings, at both top and bottom line for the period ended September 30, 2017. A breakdown of the company financial report shows that the bank was able to grow its gross earnings by 17.89 percent from N110,346 billion in 2016 to N130,086 billion in 2017. Profit before income tax was up …

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The Nigerian Stock Exchange, NSE, has proposed for an extension in the tenure of Board of Trustees of the Investors Protection Fund, IPF, to two terms of four years each. The Exchange said the extension became necessary to allow for continuity in the Board, adding that the Securities and Exchange Commission, SEC has given a no objection to the proposal. …

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 Photo Caption: From   Left: Moses Umoru, General Manager, Franco-Nigerian Chamber of Commerce (FNCCI); Eric Jeanneau, General Manager, Total E&P Nig Ltd; Tinuade Awe, General Counsel & Head of Regulation, The Nigerian Stock Exchange (NSE); Laurent Polonceaux, Consul General of the French Consulate; Tony Ibeziako, Ag. Head, Capital Markets Division; Francis Widmer, Economic Counsellor of the French Embassy and Laurent Couderc, Ponticelli …

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The CFAO group, with its subsidiary CFAO Equipment, the sole distributor of the FUSO brand in Nigeria, in conjunction with Mitsubishi Fuso Truck and Bus Corporation (MFTBC), one of Asia’s leading commercial vehicle manufacturers, on Thursday commissioned a FUSO assembly plant at its Amuwo-Odofin, Apapa-Oshodi Expressway facility in Lagos.  The inauguration took place with the special guest of honour, Dr. …

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Photo Caption: From Left: Oscar Onyema, Chief Executive Officer,  The Nigerian Stock Exchange (NSE); Haruna Jalo-Waziri, former Executive Director, Capital Markets Division, NSE; Maimuna Jalo-Waziri, wife of Haruna Jalo-Waziri; Mrs. Bajomo, mother of Ade Bajomo;  Ade Bajomo, former Executive Director, Market Operations and Technology, NSE and Abimbola Ogunbanjo, President, NSE during the sendforth event for Ade Bajomo and Haruna Jalo-Waziri at The Exchange yesterday in Lagos.

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